The unlevered value of an organization is $2430
The debt is 43% of the unlevered value.
The corporate tax rate is 29%
The personal tax rate is 21%
The tax on debt fin earnings is 17%
Based on MM, determine the value of the levered organization with personal taxes.
Round your answer to 1 decimal place, if applicable and do not enter symbols.
The unlevered value of an organization is $2430
The debt is 43% of the unlevered value.
The corporate tax rate is 29%
The personal tax rate is 21%
The tax on debt fin earnings is 17%
Based on MM, determine the value of the levered organization with personal taxes.
Round your answer to 1 decimal place, if applicable and do not enter symbols.